Paris, August 31, 2012

NAV per share : € 58.7

The Board of Directors, chaired by M. Robert Peugeot, approved the consolidated financial statements for the first half of 2012.

FFP recorded a consolidated loss of €66.1m for the first half. This takes into account the share of PSA Peugeot Citroën Group losses for -€155.5m. The net result also includes a €68m gain on disposal of assets, €61m relating to the partial sale of DKSH stake. The comprehensive income attributable to shareholders amounted to -€400.6m after taking into account the dilution in the capital of Peugeot SA subsequent to the capital increase (- €405.5m).

Net Asset Value (NAV) decreased by 5.0% in the first half. Peugeot SA share price declined by 27%. Other assets increased in value, thanks primarily to Zodiac Aerospace (+22.3%) and DKSH whose valuation rose by 43% compared to December 31, 2011 after its successful IPO. Other assets represent 70% of the gross asset value. At June 29 2012, NAV per share reached € 58.7.

€m First half Full year

2012 2011 2011

Net Asset Value NAV

NAV per s ha re

1 476

58,7 €

2 614 1 554

103,9 € 61,8 €

Consolidated net income, group share

Comprehensive net income, group share

-66,1

-400,6

227,2 181

241,2 164,1

In the first half, FFP supported the development of the global strategic Alliance between PSA Peugeot Citroën Group and General Motors, and subscribed for €115.9m to Peugeot SA €1 bn share capital increase. FFP holds 19% of Peugeot SA capital against 22.8% before the right issue and 28% of exercisable voting rights.

FFP and its main shareholder, Etablissements Peugeot Frères, invested €140.3m in Peugeot SA capital increase and jointly own 25.3% of the capital and 37.9% of the car maker exercisable voting rights.

At June 30, FFP's debt totaled €291 million compared to €302 million at December 31, 2011. Unused credit lines totaled €177 million. Bank covenants are widely respected.

Commenting on the first half 2012 results, Robert Peugeot said: "The first half results reflect the difficulties of PSA Peugeot Citroën Group who was penalized by another 8% decline of the European market (-27% since 2007). Other assets value increase allows to limit the drop in the NAV per share to 5% over the first half while FFP stock price fell by 17.4% over this period."

About FFP:
FFP is an investment company listed on NYSE-Euronext Paris, majority-owned by Etablissements Peugeot Frères and
managed by Robert Peugeot. FFP is the leading shareholder of Peugeot SA and pursues a minority shareholding and long- term investment policy. FFP holds participations in listed companies (Zodiac Aerospace, SEB, ORPEA or DKSH), non-listed companies (Sanef or Onet), and private equity funds.

Investors relation :

Sébastien Coquard : +33 1 40 66 42 11
sebastien.coquard@mpsa.com
www.groupe-ffp.fr

Press contact :

Pierre Zajdela : +33 1 58 47 94 80
pierre.zajdela@eurorscg.fr

FFP's NAV at June 30 2012

In €m * % held Valuation % Gross Asset value

Peugeot SA (A) 522 30%


Lisi a ) 5,1% 26 1% CID (Lisi) b) 25,2% 72 4% SEB S.A. a ) 5,0% 123 7% Zodiac Aerospace a ) 5,8% 265 15% Linedata Services a ) 9,9% 10 1% Orpéa a ) 7,2% 104 6% LT Participations b) 10,1% 19 1% DKSH a ) 6,9% 187 11% Non listed holdings c) 244 14% Total Holdings (i) 1 049 59%

Private Equity funds d) 128 7% IDI a ) 10,1% 16 1% Total private equity (ii) 144 8%

Immobilière Dassault a ) 5,3% 6 0% Valmy-FFP (Im. Dassault) b) 100,0% 15 1% FFP-Les Grésillons e) 100,0% 17 1% Other Real Estate c) 3 0% Total Real Estate (iii) 41 2%

Other financial assets 4 0% Cash 8 0% Total Other Assets (iv) 12 1%

Diversification Gross Asset Value (i )+(i i )+(i i i )+(i v) = (B) 1 245 70% Debt (C) 291

Net Asset Value = (A) + (B) - (C) 1 476

i.e. per share 58,7 €

* letters refer to valua tion methods. Deta ils on www.groupe-ffp.fr

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